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QuickBooks Bank Feed Not Working After Upgrade

QuickBooks bank feeds are something that enables you to

QuickBooks bank feeds are something that enables you to calculate and manage the financial balance in a minimum timeframe. This function provides you with an accurate list of details so that there are no chances of any discrepancies. QuickBooks automatically upgrades all your latest transactions when you try to connect your credit card and bank accounts to this accounting software. 

Bank feeds also help you to match with the database available in the bank and QuickBooks. But sometimes, many users have noticed QuickBooks Bank Feed not working after upgrade error due to certain reasons, such as if your account is mentioned in the list of banks that are not supported by the Intuit software. 

To fix QuickBooks Bank Feeds not working after upgrade error, you can try editing your bank login info in QuickBooks, updating and checking your bank connection, and others as explained below.

For getting quick or better results, contact our experts at +1-802-778-9005

eBetterBooks: Quick Fixes

Cause: Bank login details may not have been updated, causing issues when you try to track your transactions, invoices, bank feeds, or other account-related info. 

Solution: Editing your Bank login info in QuickBooks is required to download your transactions and connect your bank to the particular software. This also helps you to manage your bank account and calculate your account balance within no time. 

Cause: The Bank server is temporarily unavailable during synchronization, preventing you from matching with the database available in your bank and QuickBooks application, which creates discrepancies in your balance. 

Solution: You are recommended to update and check your bank connection to keep a record of all the latest transactions and avoid Internet connection failure-related problems. 

Cause: Bank account authorization has expired after 90 days, generates several bank-related errors in which you are not allowed to link your bank account to QuickBooks, and leads to Bank Feed Not Working issue. 

Solution: Reauthorizing your Bank Account is mandatory if you want to access your bank account. Due to various security purposes, QuickBooks authorization has automatically expired just after 90 days, and every user needs to reauthorize it once this specific period ends. 

Cause: Having an inactive bank account not allowing online banking leads to different bank-associated errors, due to which you won’t be able to link your bank account to the software and find issues while performing any transactions.

Solution: Checking your bank or credit card’s website is the best way to avoid security threats, as there are chances that your bank or credit card details can be easily hacked. Therefore, it is advisable to verify the URL which QuickBooks uses to connect your bank.

Cause: Bank feeds are not linked to your account/ ledger, resulting in outdated data and not showing any recent transactions, due to which you will find it difficult to track your previous bank records. 

Solution: If you receive incorrect or wrong information from your bank, setting up Bank Accounts for Bank Feeds is required so that you don’t have to create manual entries, which simplifies bank reconciliation and ensures your bank transactions are up-to-date.

Possible Reasons why QuickBooks Bank Feed not working after upgrade!

When there is an interlinking issue with your bank account and the accounting software, the QuickBooks bank feed not working after upgrade error occurs. Poor Internet connection or outdated bank feeds can also give rise to this bank error. Here’s a list of some of the most common factors for the same:

  • Bank Login details may not have been updated: If your bank login details may not have been updated, you may experience several issues while trying to track your transactions, invoices, bank feeds, or other account-related info.
  • The Bank server is not working during synchronization: During synchronization, if your bank server is temporarily unavailable, this may prevent you from matching with the database available in your bank and QuickBooks application, which will ultimately create discrepancies in your account balance. 
  • Bank account authorization is expired: When Bank account authorization has expired after 90 days, this doesn’t let you connect your bank account to QuickBooks and ends you up with several bank-related errors.
  • Having an inactive bank account not allowing online banking: If you have an inactive bank account that restricts you from accessing online banking, you won’t be able to link your bank account to the software and find issues while performing any transactions.
  • Bank feeds are not linked to your account/ ledger: When the Bank feeds are not connected to your account/ ledger, this may lead to outdated data and not showing any recent transactions in your bank feeds. Also, generates different bank errors while tracking your previous bank records. 

How to troubleshoot QuickBooks Bank Feed Not Working After Upgrade error?

Do you have to check your previous entries, but QuickBooks Bank Feed Not Working After Upgrade? Alright, we have come up with a variety of solutions that will surely resolve this bank error according to the situation you are currently facing. Let’s see how:

Case 1: Bank Login details may not have been updated

Editing your Bank login info in QuickBooks is necessary to download your transactions and connect your bank to the particular software. This also helps you to manage your bank account and calculate your account balance within no time. Below are the steps you have to check out to do the same: 

  1. Navigate to Bookkeeping and select Transactions, then click on Bank Transactions.
  2. After this, choose the bank or credit card account you need to update.
  3. Now, press the Edit icon from the tile for the bank account you wish to update.
  4. Select Edit sign-in info. 

Note: Make sure you have cleared both the web browser user ID and password auto-fills so that no incorrect information is entered. 

  1. After this, type the user ID and password for your bank account.
  2. Finally, click Save and Connect.

Case 2: The Bank server is not working during synchronization

For this, you are recommended to update and check your bank connection to keep a record of all the latest transactions and avoid Internet connection failure-related problems. The steps are here you need to go through: 

  1. At first, sign in to QuickBooks Online.
  2. Now, navigate to Bookkeeping, choose Transactions, then click on Bank Transactions.
  3. Hit the Update Now link from the Let’s fix this Bank connection banner on the Banking page.
  4. After this, follow the on-screen prompts to check your bank connection. 

Case 3: Bank account authorization has expired

You are now required to reauthorize the bank feed every 90 days once you are done with connecting your account to Open Banking. However, if your bank connection has expired and you are finding issues at the time of reauthorizing it, perform the below-listed steps to reconnect your account.

Step 1: Disconnect your Bank Account

  1. To begin with, navigate to Transactions and then select Bank Transactions.
  2. Now, make a note of the last transaction’s date. This will prevent you from downloading the same transactions twice when you try to reconnect your account.
  3. After this, choose the bank account you want to disconnect.
  4. Hit the pencil icon and then select Edit account info.
  5. Go to the Account box and locate the option Disconnect this account on save.
  6. At last, click on the Save and Close icon.

Step 2: Reconnect the Bank Account

  1. Head to Transactions and then choose Bank Transactions.
  2. Now, click on Connect account or Link account.
  3. To finish, follow these steps to connect your bank feeds.

If you don’t want to manually enter your transactions, connect your bank or credit card account. Also, you have the option to connect multiple businesses and personal bank accounts simultaneously to keep your business information up to date in QuickBooks. Here are the steps to be followed: 

  1. Navigate to Transactions and then choose Bank Transactions.
  2. If this is the first bank account you’ve set up, choose Connect account. Or click Link account if you have already created one.
  3. Now, look for your bank, and you can connect with most banks, even small credit unions. 

Remember: If you are unable to locate your bank but want to add your transactions to QuickBooks Online, you can also manually upload your bank transactions.

  1. After this, enter your username and password to log in to your bank account. Then, press Continue.
  2. Carefully read the terms and conditions, click Agree, then adhere to the on-screen steps to connect. Your bank may ask for additional security checks. It will take a few minutes to connect.
  3. Select any accounts you wish to connect, like your savings, checking, or credit card. And later, click on the matching account type from your chart of accounts in QuickBooks.

Case 4: Having an inactive bank account not allowing online banking

Checking your bank or credit card’s website is the best way to avoid security threats, as there are chances that your bank or credit card details can be easily hacked. Therefore, it is advisable to verify the URL which QuickBooks uses to connect your bank. Here’s how:

  1. Initially, go to Bookkeeping, click on Transactions, then choose Bank Transactions.
  2. Next, select Link account.

Note: You don’t have to add an account; you just need the listed URL.

  1. Look for your bank and choose it.
  2. After this, copy the URL given to your bank.
  3. Log in to your bank or credit card’s website using the copied URL, and if you are able to sign in, it indicates that there is not a major issue available in your bank account. 
  4. Now, go through the following: 
  • Check your account for messages, notifications, or alerts.
  • Locate any display-related issues as you navigate the website. Such kinds of errors can block QuickBooks from downloading new transactions.
  • Browse your bank’s website for any announcements about new security requirements.

Case 5: Bank feeds are not linked to your account/ ledger

If you receive incorrect or wrong information from your bank, setting up Bank Accounts for Bank Feeds is required so that you don’t have to create manual entries, which simplifies bank reconciliation and ensures your bank transactions are up-to-date. Here are the steps to be implemented:

For QuickBooks Desktop

  1. The very first step is to go to the Banking menu.
  2. Now, hover over Bank Feeds and then choose Set Up Bank Feed for an Account.
  3. Click on your QuickBooks account and press the Next button.
  4. After this, select the Financial Institution for this account and then hit the Next tab.
  5. Follow the on-screen prompts on how to connect your account. 

Note: If you download and import the transactions from your bank to QuickBooks for the first time, this will set up an account for Bank Feeds.

  1. Click Connect and then Close.

For QuickBooks Online

  1. From the Banking menu, Hover over Bank Feeds from the drop-down menu.
  2. Now, choose Set up Bank Feeds for an account.
  3. Under Enter your Bank’s name field, type and select your bank name.

If you’re enrolling as a beginner, click the Enrollment Site link as well as you may have to apply for Direct Connect. However, if your bank needs to approve your application, contact them to access your login credentials. 

  1. Once the enrollment is completed successfully, press Continue. 
  2. Next, enter your Online Banking user ID and Password.
  3. Choose Connect to connect your QuickBooks to your bank’s server.
  4. After this, select the bank account you’d like to connect to your account in QuickBooks.
  5. In the end, hit the Finish tab when the connection is done.

Wrapping it Up!

QuickBooks Bank Feeds not working after upgrade error can usually be resolved by editing your bank login info in QuickBooks, reauthorizing your bank feeds, checking your bank or credit card’s website, and much more. 

However, if the error continues to bother you or you are still finding difficulties while tracking your transactions, feel free to ask your query at our customer helpdesk for instant response.

FAQs

Why is my QuickBooks Bank Feed not working after upgrade?

QuickBooks Bank Feed stopped working due to a variety of reasons such as outdated bank login details, bank server not working during synchronization, bank account authorization is expired, having an inactive bank account, bank feeds are not linked to your account/ ledger, and so on.

Does using the private or incognito window help to resolve QuickBooks Bank Feed not working after upgrade error?

Yes, if you access your accounting software in Incognito mode, this may tackle all the bank-feed-related errors if they occur due to browser misconfiguration. For this, open your preferred web browser like Google Chrome, Mozilla Firefox, or Safari, and then select the option to open a New Window or tab. To access the common browsers, hit right-click on the browser icon and choose New Incognito Window or New Private Window. Also, you can use some shortcut keys to open an incognito window, which include: 

  • Google Chrome: Ctrl + Shift + N (For Windows)
  • Safari: Command + Shift + N (Mac)

Once the private or incognito window is opened successfully, navigate to the QuickBooks sign-in page and then enter your login credentials like before.

What happens when QuickBooks Bank Feed stops working even after upgrade?

When the QuickBooks Bank Feed not working properly, you won’t be able to match with the database available in your financial institution and accounting software. This usually happens if your account is not mentioned in the list of banks that are not supported by the Intuit software. Also, QuickBooks finds difficulties while upgrading all your recent transactions and connecting your credit card or bank account to the software itself.

By : January 19, 2024
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